Boot Buddy, Footwear cleaning product, was started by Rashpal, Gurminder and Amarinder Dhillon in January 2006. As of 2024, Boot Buddy net worth is £300,000 and they’re pulling in a whopping £393,600 in annual revenue.
In July 2016, they appeared on Season 14th of Dragons’ Den UK and made a deal with Peter Jones, Deborah Meaden, and Touker Suleyman, for £60,000 for 30% of equity. The final valuation was £200,000, down from the founder’s initial estimate of £600,000.
It’s been almost 15 years since Arminder appeared on Dragon’s Den and things have really taken off. Boot Buddy is still in business and you can buy their products on the company website.
Boot Buddy Net Worth
| Net worth | £300,000 |
| Annual Sales Revenue | £393,600 |
| Profits | N/A |
| Lifetime sales | Over 1 million |
| Investor | Peter Jones, Deborah Meaden, and Touker Suleyman |
| Founders | Rashpal, Gurminder and Amarinder Dhillon |
| Employees | 9 |
Boot Buddy Net Worth Timeline
| Net Worth 2024 | £300,000 |
| Net Worth 2023 | £300,000 |
| Net Worth 2020 | £229,000 |
| Net Worth 2016 | £137,000 |
| Net worth valuation 2016 after appearing on Dragons’ Den | £200,000 |
| Net worth valuation 2016 before appearing on Dragons’ Den | £600,000 |
Boot Buddy Pitch on Dragons’ Den
| Company name | Boot Buddy |
| Product | Footwear cleaning product |
| Episode | Season 14 Episode 01 |
| Founders | Rashpal, Gurminder and Amarinder Dhillon |
| Asked for | £60,000 For 10% Equity |
| Final deal | £60,000 For 30% Equity |
| Dragons | Peter Jones, Deborah Meaden, and Touker Suleyman |
| Location | UK |
Boot Buddy Founders
Boot Buddy was founded by Rashpal, Gurminder and Amarinder Dhillon in 2006. Boot Buddy was pitched by founder and owner Arminder Dhillon. It is an innovative product that offers an all-in-one solution to cleaning dirty boots and shoes. Boot Buddy’s founders, Rashpal, Gurminder and Amarinder Dhillon, have a net worth of £85,715 as of 2024.
Key accomplishments:
| Year | Accomplishment |
| 2006 | Founded Boot Buddy |
| 2016 | Appeared on Dragons Den Season 14 |
| 2018 | Winning the Worshipful Company of Horners Bottle Makers’ Award |
Conclusion:
From their beginnings on Dragons’ Den to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Boot Buddy and its continued success.
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